Ncha Inc
- Assets
- $22.8m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 58
- Location
- Cary, NC
- Founding
- 12/1963
- Data as of
- 12/2021
- EIN
- 56-0641290
Organization Overview
Ncha Inc, operating under the name North Carolina Healthcare Association, is located in Cary, NC. The organization was established in 1963. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, North Carolina Healthcare Association employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Healthcare Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, North Carolina Healthcare Association generated $11.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $10.1m during the year ending 12/2021. While expenses have increased by 7.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH OF THE COMMUNITIES WHERE WE LIVE AND WORK BY ADVOCATING FOR SOUND PUBLIC POLICY AND COLLABORATIVE PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NCHA PROMOTES IMPROVED COMMUNITY HEALTH STATUS THROUGH LEADERSHIP, ADVOCACY, INFORMATION AND EDUCATION IN MEMBERS' INTEREST AND TO ENSURE EQUITABLE AND AFFORDABLE ACCESS TO CARE IN OUR COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen J Lawler President | OfficerTrustee | 30 | $903,781 |
Linwood L Jones General Counsel | Officer | 37.5 | $661,486 |
Millie R Harding Senior VP | Officer | 37.5 | $352,755 |
Cody Hand Senior VP | Officer | 37.5 | $278,592 |
Jeffrey Weegar CFO | Officer | 37.5 | $244,619 |
Jody Fleming Senior VP | Officer | 37.5 | $228,307 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Revive Healthcare Consulting Consulting | 12/30/21 | $1,188,338 |
Hospital Industry Data Institute Data And Information Services | 12/30/21 | $1,041,548 |
Careevolution Data Processing | 12/30/21 | $347,962 |
Rgc Healthcare Consulting Consulting | 12/30/21 | $176,248 |
Cliftonlarsenallen Llp Accounting | 12/30/21 | $109,944 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,312 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,312 |
| Total Program Service Revenue | $9,790,277 |
| Investment income | $337,635 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,060,869 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,201,093 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $74,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,633,780 |
| Pension plan accruals and contributions | $370,342 |
| Other employee benefits | $196,831 |
| Payroll taxes | $167,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $296,124 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $137,323 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,678,444 |
| Advertising and promotion | $19,801 |
| Office expenses | $127,299 |
| Information technology | $1,857,222 |
| Royalties | $0 |
| Occupancy | $248,404 |
| Travel | $25,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,848 |
| Interest | $43,008 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,388 |
| Insurance | $65,157 |
| All other expenses | $0 |
| Total functional expenses | $10,109,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,576,041 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,542 |
| Loans from Officers, Directors, or Controlling Persons | $8,935,030 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $257,315 |
| Net Land, buildings, and equipment | $1,728,613 |
| Investments—publicly traded securities | $2,254,378 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,806,919 |
| Accounts payable and accrued expenses | $1,877,632 |
| Grants payable | $0 |
| Deferred revenue | $4,580,550 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,803,567 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,115,683 |
| Total liabilities | $10,377,432 |
| Net assets without donor restrictions | $10,151,527 |
| Net assets with donor restrictions | $2,277,960 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,806,919 |
Grants Awarded
Over the last fiscal year, Ncha Inc has awarded $129,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Raleigh, NC PURPOSE: GENERAL SUPPORT | $35,000 |
Raleigh, NC PURPOSE: GENERAL SUPPORT | $35,000 |
Raleigh, NC PURPOSE: GENERAL SUPPORT | $35,000 |
Chapel Hill, NC PURPOSE: GENERAL SUPPORT | $14,000 |
NORTH CAROLINA INSTITUTE OF MEDICINE PURPOSE: GENERAL SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ncha Inc has recieved totaling $24,882.
| Awarding Organization | Amount |
|---|---|
Lenoir Memorial Hospital Inc Kinston, NC PURPOSE: MRI/GAP TECHNICAL ASSISTANCE FUND | $12,441 |
Lenoir Memorial Hospital Inc Kinston, NC PURPOSE: MRI/GAP TECHNICAL ASSISTANCE FUND | $12,441 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Marys Sacred Heart Hospital Inc Lavonia, GA | $24,588,274 | $42,261,595 |
Davie Medical Center Bermuda Run, NC | $174,395,184 | $58,360,169 |
Archbold Medical Center Inc Thomasville, GA | $27,646,643 | $35,950,051 |
Claiborne Medical Center Knoxville, TN | $16,448,383 | $38,347,834 |
Southeastern Regional Medical Center Lumberton, NC | $38,282,293 | $24,618,776 |
Vcu Health Tappahannock Hospital Tappahannock, VA | $30,240,334 | $28,697,401 |
Tandem Health Sc Sumter, SC | $16,130,749 | $26,631,619 |
Medical Center Of Peach County Inc Macon, GA | $21,159,955 | $20,271,457 |
Tanner Medical Center Alabama Inc Carrollton, GA | $31,437,988 | $12,456,019 |
Phoebe Worth Medical Center Inc Sylvester, GA | $18,817,624 | $19,090,060 |
Self Regional Healthcare Partners Greenwood, SC | $6,767,616 | $20,407,517 |
Virginia Hospital And Healthcare Association Richmond, VA | $19,880,672 | $18,293,974 |